Landscape Capital Management L.L.C. Takes $6.48 Million Position in W.W. Grainger, Inc. $GWW

Key Points

• Landscape Capital Management L.L.C. has acquired a new position in W.W. Grainger, purchasing 6,563 shares valued at approximately $6.48 million.
• W.W. Grainger's most recent quarterly earnings report showed an EPS of $9.97, falling short of the estimated $10.07, with revenues of $4.55 billion.
• Analysts have mixed ratings for W.W. Grainger, with a current consensus rating of "Hold" and an average target price of $1,080.38.

Landscape Capital Management L.L.C. purchased a new position in W.W. Grainger, Inc. (NYSE:GWW - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 6,563 shares of the industrial products company's stock, valued at approximately $6,483,000.

A number of other institutional investors have also bought and sold shares of GWW. GAMMA Investing LLC increased its stake in W.W. Grainger by 100,843.0% in the 1st quarter. GAMMA Investing LLC now owns 692,469 shares of the industrial products company's stock worth $684,042,000 after buying an additional 691,783 shares in the last quarter. Nuveen LLC bought a new position in shares of W.W. Grainger during the 1st quarter valued at about $285,574,000. JPMorgan Chase & Co. boosted its holdings in shares of W.W. Grainger by 10.1% during the 1st quarter. JPMorgan Chase & Co. now owns 822,411 shares of the industrial products company's stock valued at $812,403,000 after purchasing an additional 75,644 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of W.W. Grainger by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 5,388,378 shares of the industrial products company's stock valued at $5,322,801,000 after purchasing an additional 57,690 shares during the last quarter. Finally, Siemens Fonds Invest GmbH boosted its holdings in shares of W.W. Grainger by 4,053.3% during the 4th quarter. Siemens Fonds Invest GmbH now owns 53,910 shares of the industrial products company's stock valued at $56,824,000 after purchasing an additional 52,612 shares during the last quarter. Hedge funds and other institutional investors own 80.70% of the company's stock.

W.W. Grainger Trading Down 0.0%

NYSE GWW traded down $0.45 on Friday, hitting $1,014.02. 337,931 shares of the stock were exchanged, compared to its average volume of 355,193. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.64 and a current ratio of 2.82. W.W. Grainger, Inc. has a 52-week low of $893.99 and a 52-week high of $1,227.66. The firm has a market capitalization of $48.50 billion, a P/E ratio of 25.73, a P/E/G ratio of 2.94 and a beta of 1.18. The stock has a fifty day moving average price of $1,014.53 and a two-hundred day moving average price of $1,019.54.

W.W. Grainger (NYSE:GWW - Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The industrial products company reported $9.97 earnings per share for the quarter, missing analysts' consensus estimates of $10.07 by ($0.10). W.W. Grainger had a net margin of 10.99% and a return on equity of 49.63%. The firm had revenue of $4.55 billion for the quarter, compared to the consensus estimate of $4.52 billion. During the same quarter last year, the firm earned $9.76 EPS. The company's revenue was up 5.6% on a year-over-year basis. W.W. Grainger has set its FY 2025 guidance at 38.500-40.250 EPS. Research analysts forecast that W.W. Grainger, Inc. will post 40.3 EPS for the current fiscal year.

W.W. Grainger Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 1st. Stockholders of record on Monday, August 11th will be paid a dividend of $2.26 per share. This represents a $9.04 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, August 11th. W.W. Grainger's payout ratio is currently 22.94%.

Analysts Set New Price Targets

Several research firms have commented on GWW. Morgan Stanley dropped their price objective on shares of W.W. Grainger from $1,215.00 to $1,160.00 and set an "equal weight" rating for the company in a report on Friday, July 11th. JPMorgan Chase & Co. increased their price objective on shares of W.W. Grainger from $1,100.00 to $1,125.00 and gave the company a "neutral" rating in a report on Tuesday, May 27th. Royal Bank Of Canada dropped their price objective on shares of W.W. Grainger from $1,176.00 to $1,007.00 and set a "sector perform" rating for the company in a report on Monday, August 4th. Finally, Loop Capital dropped their price objective on shares of W.W. Grainger from $1,000.00 to $950.00 and set a "hold" rating for the company in a report on Monday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, W.W. Grainger currently has an average rating of "Hold" and a consensus target price of $1,080.38.

W.W. Grainger Profile

W.W. Grainger, Inc, together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools.